LAM Lamprell Plc

TIDMLAM

RNS Number : 8723M

Lamprell plc

12 May 2015

12 May 2015

LAMPRELL PLC

("Lamprell" and with its subsidiaries the "Group")

DIRECTOR RETIREMENT

Lamprell (ticker: LAM), a leading provider of diversified fabrication, engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, announces that Peter Whitbread, non-executive director, will be retiring with immediate effect. Accordingly, Mr Whitbread will not be standing for re-election at today's Annual General Meeting.

John Kennedy, Chairman, Lamprell, said:

"It is with regret that Peter Whitbread has informed the Company of his intention to leave the Group for personal reasons. I would like to take this opportunity to thank Peter for his significant contribution to the Group since re-joining the Group in October 2012. Peter originally joined Lamprell in 1992 and was the architect of the Company that Lamprell finds itself today. After a career of approximately 18 years, Peter chose to retire having built and positioned Lamprell into a significant offshore contractor. When Peter re-joined the Company, he was instrumental in the recovery process at that difficult time and we have greatly benefited from his wealth of experience and industry-wide expertise. On a personal level, I wish to thank him for his commitment and counsel. The Board wishes him all the best for the future and I know that our major shareholder, Steven Lamprell, is especially appreciative of his efforts and input since 1992."

- Ends -

Enquiries:

 
  Lamprell plc 
 
   James Moffat, Chief Executive 
    Officer                                +971 (0) 4 803 9308 
   Tony Wright, Deputy Chief Financial 
    Officer                                +971 (0) 4 803 9308 
   Natalia Erikssen, Investor Relations    +44 (0) 7885 522 989 
  Tulchan Communications, London    +44 (0) 207 353 4200 
   Martin Robinson 
   Martin Pengelley 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOAATMATMBABMPA

Lamprell (LSE:LAM)
Historical Stock Chart
From Mar 2024 to Apr 2024

Lamprell (LSE:LAM)
Historical Stock Chart
From Apr 2023 to Apr 2024